Glencore plc (LON:GLEN)
557.00
-9.00 (-1.59%)
Jun 19, 2026, 5:00 PM GMT
Glencore Stock Forecast
Stock Price Forecast
According to 19 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 619p. The average 1-year stock price forecast is 11.05% higher than the current stock price, while the lowest is 460p (-17.41%) and the highest is 772p (+38.52%).
Price Target: 619p (+11.05%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 9 | 10 | 10 | 10 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 4 | 6 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 19 | 19 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains 650p → 720p | Buy | Maintains | 650p → 720p | +29.26% | Jun 8, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Reiterates 600p → 660p | Hold | Reiterates | 600p → 660p | +18.49% | Jun 5, 2026 |
| Citi | Citi | Buy Maintains 670p → 770p | Buy | Maintains | 670p → 770p | +38.24% | Jun 4, 2026 |
| RBC Capital | RBC Capital | Buy Maintains 630p → 610p | Buy | Maintains | 630p → 610p | +9.52% | Jun 4, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Reiterates 500p → 560p | Hold | Reiterates | 500p → 560p | +0.54% | May 26, 2026 |
Financial Forecast
Revenue This Year
289.53B
from 247.54B
Increased by 16.97%
Revenue Next Year
275.39B
from 289.53B
Decreased by -4.88%
EPS This Year
0.60
from 0.20
Increased by 202.01%
EPS Next Year
0.59
from 0.60
Decreased by -1.91%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 363.6B | ||
| Avg | 289.5B | ||
| Low | 238.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 46.9% | ||
| Avg | 17.0% | ||
| Low | -3.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.81 | ||
| Avg | 0.60 | ||
| Low | 0.46 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 306.7% | ||
| Avg | 202.0% | ||
| Low | 130.0% |